REALTORS® weigh in: Multiple offers

Brokers from Seattle King County REALTORS® responded to this month’s Broker Bulletin poll, answering the question, What percent of your submitted offers and listings this year have involved multiple offer situations?

Nineteen percent of respondents each said 0-25 percent and 26-50 percent, while nearly a quarter said that 51-75 percent of their submitted offers and listings have involved multiple offer situations.

Not surprisingly based on recent market trends, the largest portion of respondents, 38 percent, answered that 75 percent or more of their offers and listings have involved multiple offers.

What do you want to know about our market? Comment below what you think next month’s Broker Bulletin poll should focus on.